REALTORS® serving Calgary and area

 

CREB Now Logo

Calgary's trusted source of real estate news, advice and statistics since 1983.

 

Stories Tagged - retiree

Patti Clarkson, 54, purchased a new bungalow villa in Harmony in an effort to plan for potential mobility issues many years down the road. 
Wil Andruschak / For CREB®Now
News

Aug. 30, 2017 | Barb Livingstone

Bungalow buyers

Single-level homes are in high demand among retirees planning for their future

For active senior JoAnn Fetzner, who golfs three times a week and travels widely, one-level, bungalow living was an obvious choice for the rest of her life.

For empty-nester Patti Clarkson, 54, who is easing her way into retirement, her recently purchased bungalow villa will be the perfect "forever home."

For both women, finding a single-level home was a priority – part of their long-term planning for possible mobility issues down the road.

Today’s seniors have specific demands when it comes to condos, including senior-friendly designs, nearby amenities for active living, and large suites. 
Getty Images
News

Aug. 30, 2017 | Geoff Geddes

The upside of downsizing

Popularity of condo living among seniors is on the rise

When it comes to choosing a home later in life, age often brings thoughtful consideration of what really matters. More and more in Calgary, that wisdom is leading seniors to choose condominiums as the place to live out their golden years.

"Five years ago, when we tracked inner-city demographics, you saw maybe 1-2 per cent of seniors purchasing condos," said Oliver Trutina, vice-president of Calgary-based builder Truman.

"Today, that number is around 20 per cent. Since this is often their third or fourth home purchase, they know what they want and are asking for it."


Connect With Us